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:08. >>> former penn state assistant coach jerry sandusky faces sentencing today for child sex abuse. >> his lawyer says sandusky plans to tell the court he is innocent. kristin fisher is live in the satellite center. she's previewing the hearing today. good morning. >> reporter: good morning. jerry sandusky did not testify at his june trial but he is expected to speak today at his sentencing. he's expected to proclaim his innocence. in fact yesterday he even called in to a penn state radio station to essentially sort of give a preview of what he's going to be saying today in court. here is just an expert from that recording. take a listen. >> they could take away my life. they can make me out as a monster. they can treat me as a monster but they can't take away my heart. in my heart i know i did not do these alleged disgusting acts. >> reporter: keep in mind that 68-year-old former football coach has already been convicted on 48 counts of child sex abuse but sandusky says he want as new trial. he says the judge denied his legal team adequate time to mount a defense. he also accuses one of h
and classification. there are lawsuits filed against penn state and they are expected to total into the millions of dollars. >>> time right now, just about 5:06. earnings season gets underway this week and the aluminum company, alcoa, will kick things off tomorrow. analysts expecting profits at united states companies to fall 1.5%, the worst performance since 2009. the investors keeping an eye on a big anniversary, five years ago this week the dow hit a record high of 14165, less than a year before the financial crisis of 2008. here's where we stand today. the dow is at 13610 after climbing 35 points friday, nasdaq down by 1. s & p 500 was down by half a point. >> a perfect storm of events, making gas prices sky high in california. a recent fire at a refinery, combined with a power failure at another plan and a pipeline shut down led to supply shortages on the west coast. the average price for a gallon of gas in california right now $4.4, that makes it -- $4.49, that makes it the highest in the nation. here at dc $3.73. >>> still ahead, voters in venezuela give their president six years more in
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